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History of money: From fiat to crypto, explained

What is money? Money as a concept has been a cornerstone of human civilization and economic development. To start with the latter, money is a method of storing value and worth, and it also functions as a medium of exchange that allows individuals to exchange goods, services and proxies thereof.  Money is fundamentally a unit […]

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Bitcoin Cash (BCH) is now home to an innovative leverage trading app

Decentralized finance (DeFi) is one of the largest sectors in crypto. The applications within the DeFi space consist of decentralized trading, borrowing and lending, and many more financial services. However, even with its rising popularity, the sector has many obstacles to overcome before mass adoption is possible. The rise of DeFi  The growth of DeFi’s […]

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Bitcoin Cash enables CashTokens upgrade on its network

The Bitcoin Cash BCH $116 network underwent a major upgrade on May 15, allowing developers to create tokens with the same properties as BCH. The tokens — called “CashTokens” — can be issued by anyone using the network.  The network successfully upgraded the blockchain at the block height of 792,772. According to BCH developer Jason […]

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Crypto bank runs in 2022 catalyzed by institutional withdrawals: Research

The 2022 crypto bank runs — caused by the failure of multiple ecosystem giants — have had a lasting impact on the crypto industry. A new research report from the Federal Reserve Bank of Chicago (FRBC) has identified several key factors and catalysts that accelerated last year’s crypto crisis. The report identified that withdrawals by crypto whales […]

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PEPE memecoin hits $1 billion market cap fueled by Binance listing

The frog-themed memecoin Pepe (PEPE) surged over 85% in the last 24 hours to surpass a $1 billion market cap three weeks after its launch on April 14, 2023. Ironically, the core value proposition of PEPE is that there isn’t one. The official website for the cryptocurrency features a disclaimer that describes investment in the token […]

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Bitcoin at banks: Raiffeisenlandesbank to offer crypto investment services

Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien), an Austrian cooperative banking company founded in 1900, is preparing to launch crypto investment services in collaboration with the Austrian crypto firm Bitpanda. According to a joint announcement on April 26, RLB NÖ-Wien plans to provide its customers with a broad range of cryptocurrencies through Bitpanda’s software as a service (SaaS) offering. […]

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Time Banking, Explained

What is time banking? Time banking is a form of money, but the currency units are not banknotes, cheques, or, say, bitcoins; they’re hours. Yes, you read that right – actual hours. The concept of time banking originally appeared in 19th century England. Unlike modern fiat currencies that aren’t really backed by anything, the currency […]

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Bitcoin Scaling Problem, Explained

Does Bitcoin have a scaling problem? Yes, it does. It has been unresolved for a while and is getting worse with time. Bitcoin runs on the software created by a programmer or a group of programmers known as Satoshi Nakamoto back in 2007-09. Despite the many improvements, which have been made by contributing developers over […]

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Why Blockchain Might Be Good For Your Business Skills, Explained

What are the most crucial business skills one has to develop? There are five most important ones. – Critical thinking Although it is difficult to notice the problems yourself when you catch fire with your dream, it is an essential skill to identify the weaknesses and challenges your ideas might have. Nevertheless, you should never […]

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How Blockchain Can Be the Backbone of India’s Economy, Explained

What’s the current state of India’s economy? India is currently the seventh-largest economy in the world. It currently has an estimated population of about 1.34 bln people, or about 18 percent of the world’s population, according to the World Economic Forum. Despite its GDP dropping by roughly 5.7 percent in the quarter that ended June […]

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